Sole-Manager
Home BancShares, Inc.
Equity Capital Markets
Secondary Offering
Transaction Details
- On September 23, 2016, Home BancShares, Inc. (“HOMB” or the “Company”) (NASDAQ GS: HOMB) announced the pricing of an underwritten secondary offering of shares being sold by its Chairman, John W. Allison, for a total deal value of $58.3 million
- The offering priced 2,650,000 shares of common stock at $22.00 per share
- Mr. Allison retains beneficial ownership of 6,479,536 shares of HOMB common stock
- The Company is not selling any shares in the offering and will not receive any of the proceeds from the offering
- Stephens Inc. served as the Sole-Manager for the offering
About the company
Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama and New York City.
Sources: Company filings.
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This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.
The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from Stephens Inc.’s Equity Syndicate Desk, at Stephens Inc., 111 Center Street, Little Rock, AR 72201, ATTN: Equity Syndicate Desk, or from the Securities and Exchange Commission’s website at www.sec.gov at the following link: https://www.sec.gov/Archives/edgar/data/1331520/000119312516717025/d263341d424b3.htm. A registration statement relating to these securities has been filed with the Securities and Exchange Commission. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to the notice of its acceptance given after the effective date.